Note 4 - Income Taxes (Tables)

12 Months Ended

Feb. 26, 2023

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	Fiscal Year
	2023			2022		2021
Current:
Federal	$	(875	)	$	1,912	$	1,662
State and local		822			484		447
Foreign		30			4		10
		(23	)		2,400		2,119
Deferred:
Federal		435			565		132
State and local		(111	)		88		109
Foreign		-			267		(267	)
		324			920		(26	)
	$	301		$	3,320	$	2,093

Schedule of Components of Income Tax Expense (Benefit), Discontinued Operation [Table Text Block]

	Fiscal Year
	2023		2022		2021
Current:
Federal	$	-	$	-	$	(84	)
State and local		-		-		(23	)
Foreign		-		-		-
		-		-		(107	)
Deferred:
Federal		-		-		-
State and local		-		-		-
Foreign		-		-		-
		-		-		-
	$	-	$	-	$	(107	)

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

	Fiscal Year
	2023		2022			2021
United States	$	10,669	$	11,987		$	8,732
Foreign		363		(203	)		(1,447	)
Earnings before income taxes	$	11,032	$	11,784		$	7,285

	Fiscal Year
	2023		2022		2021
United States	$	-	$	-	$	(435	)
Foreign		-		-		-
(Loss) earnings before income taxes	$	-	$	-	$	(435	)

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	Fiscal Year
	2023			2022			2021
Statutory U.S. Federal tax rate		21.0	%		21.0	%		21.0	%
State and local taxes, net of Federal benefit		3.8	%		4.3	%		5.9	%
Foreign tax rate differentials		(0.4	%)		2.7	%		0.7	%
NQSO Expirations and Cancellations		2.1	%		0.0	%		0.0	%
Adjustment on tax accruals		0.9	%		(0.3	%)		0.0	%
ASC 740-10 change		(24.8	%)		0.5	%		0.9	%
Foreign tax credits		0.0	%		0.0	%		(0.1	%)
Subpart F		0.5	%		(1.0	%)		1.1	%
Permanent differences and other		(0.4	%)		1.0	%		(0.8	%)
		2.7	%		28.2	%		28.7	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	February 26,			February 27,
	2023			2022
Deferred tax assets:
Net operating loss carryforwards	$	1,949		$	2,598
Tax credits carryforward		991			991
Stock options		784			977
Other, net		590			174
		4,314			4,740
Valuation allowance on deferred tax assets		(2,938	)		(3,587	)
Total deferred tax assets, net of valuation allowance		1,376			1,153
Deferred tax liabilities:
Depreciation		(2,841	)		(2,492	)
Undistributed earnings		(2	)		(2	)
Other		(528	)		(556	)
Total deferred tax liabilities		(3,371	)		(3,050	)
Net deferred tax liability	$	(1,995	)	$	(1,897	)

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

	Unrecognized Tax Benefits
	February 26,			February 27,			February 28,
	2023			2022			2021
Balance, beginning of year	$	4,078		$	4,117		$	4,164
Tax positions - Discontinued Ops in prior period		-			-			(47	)
Gross decreases - tax positions in prior period		(2,980	)		(39	)		-
Gross increases - current period tax positions		326			-			-
Audit settlements		-			-			-
Balance, end of year	$	1,424		$	4,078		$	4,117

Summary of Income Tax Examinations [Table Text Block]

U.S. Federal	2021	-	2023
California	2020	-	2023
New York	2021	-	2023
Kansas	2021	-	2023
France	2021	-	2023
Singapore	2020	-	2023